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I bought a house in 2007 and moved in. I turned it from PPOR to IP since Oct 2009. I call it property A. I have it revalued before I rented it out. I bought a investment property B in Feb 2010. Then it was rented out. After that I moved in Aug 2010. I didn't do property evaluation before I...

I turned my PPOR to IP since Oct 2009. I call it property A I bought a investment property B in Dec 2009 and moved in Aug 2010. I didn't do property evaluation before I moved in. For capital gain tax purpose, do I need to organize a property evaluation for property B now and why ...

I am struggling with some maintenance issue here. Tenants lodged a case to VCAT to repair the following things. My agent said the VCAT hearing placed a order to repair them by 6 June. - vulcan wall gas heater The heater is more than 40 years old. It was working when I rented the house...

I wanted to ask your advise how to get rid of the tenants from the hell. I rent my house in Melbourne out through a big agent. The tenants are over 70s and retired. Agent told me verbally they have $5000 income per month. Obviously agent told a lie. Unfortunately I don't have evidence in...

My next door neighbor owns 2 block of land. The total size is 1441 square meters (34 meters by 42.4 meters) They will demolish their home and build 8 double story 2-bed rooms units. I just got the detailed plan from Council. The street is a very quiet NO-Trough road and has 16 blocks. Only...

I just turned my PPOR to IP today. I have a offset account linked to my mortgage. I use professional package which is interest only on variable rate. The interest on the loan should be tax deductible now. I have all my income deposit to the offset account at the moment. I also withdraw...

I'm going to turning my PPOR to IP in 7 days time. I will rent elsewhere to live in .The valuation of the home is important on the day when I move out. I'd like to get a high evaluation price for CGT purpose. I want to get this done in 7 days if possible because I don't want to bother tenants...

PM just told me a couple who are over 60s submitted the application. Both of them are retired. They get $1000/month from central link and $5000/month pension. They don't have other income. They don't have their own property. What's the worst case scenario to rent house to retirees ? Is there...

My PPOR is with Westpac Rocket Repay professional package . Purchase price was 420K two years back. my loan is 330K. Interest only in Variable rate. I have 120K in 100% offset account. The PPOR might worth 460K now. I plan to buy my first Investment Property soon. I'd like to stay with...

I'd like to turn my PPOR into a investment property. I am considering managing it myself. What are effective ways to find a tenant ? Any websites do you recommend? Any suggestion would be highly appreciated. QuickZebra